A friend recently said his lady friend wanted to invest $100,000 and asked me for ideas. Without knowing any details I put together a relatively safe balanced three stock portfolio that should give a nice yield, some upside without too much volatility and a growth kicker, as well. The core is 70% in IBM at approx. $140, for stability, some growth and an almost 5% yield which brings in nearly 3.5% to the overall portfolio. The second component is 16 to 17% in CEF which provides wealth protection from inflation and currency debasement.(physical holding of gold and silver) at $16.20. The growth kicker is a new discovery in the quantum computing space but a different company than Ionq.\u00a0 Quantum Computing Inc.(QUBT) $10,000 at around $2.55 per share. I wrote the original draft of this about a week or so ago and temporarily forgot about it. So my friends lady friend liked the IBM recommendation and actually bought $200,000 worth at $137 the day after I gave him the recommendations. I don’t believe she bought either of the other two. QUBT traded down to as low as $2.51 late last week, she would have been filled if she followed my recommendation. It is over $2.90 this morning. If interested buy any intraday pullbacks.<\/p>\n","protected":false},"excerpt":{"rendered":"
A friend recently said his lady friend wanted to invest $100,000 and asked me for ideas. Without knowing any details I put together a relatively safe balanced three stock portfolio that should give a nice yield, some upside without too … Continue reading